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World's Biggest IPO: Alibaba to Raise $21.8 Billion

The Chinese e-commerce company is expected to begin trading at the New York Stock Exchange Friday morning.

ABC News: Business 

Open Sesame: The Origin of Alibaba's Name

Alibaba, which is expected to go public tomorrow in the biggest initial public offering ever, is a giant tech firm that remains a giant mystery to many Americans. The e-commerce has a number of websites and businesses all under the name Alibaba Group. Why did founder and executive chairman Jack Ma choose to call his company Alibaba?

TIME Magazine Online: Top Business Stories 

Alibaba Delivers on Biggest U.S. IPO With $21.8 billion Offering

Chinese e-commerce giant Alibaba Group will price its shares at $68 a piece, topping its initial expected range, and raising a total of $21.8 billion to make it the biggest U.S. initial public offering ever. MoreDow Closes at Record After Fed Keeps Rates IntactFacebook Is Now Worth $200 Billion'Bridgegate' Probe Finds No Link to Christie:…

Reuters: Business News 

Alibaba IPO prices at top of range, raising $21.8 billion

(Reuters) - Alibaba Group Holding priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion on Thursday.

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